Life Insurance
Provides a tax-free benefit to a beneficiary and can be used to:
cover your financial commitments
allow your family to maintain their standard of living
fund legacy and charitable goals
estate tax and equalization
cover loans and debt in a corporation
fund buy-sell agreements with your partners
provide key person protection in a business
Helping our clients understand what is available and matching a coverage to their needs is why we are here.
Term life insurance
Affordable coverage to meet temporary needs
Protects loved ones or business partners while you have greater financial commitments.
It’s the ideal solution if:
you have short or long term loans that are outstanding
you have dependent children that rely on your income
Coverage features:
set term between 5 and 40 years before rates change
convertible to a permanent solution as needs change
Permanent life insurance
Lifetime insurance coverage to meet long term needs
Permanently protects family and is an estate planning tool to leave a legacy.
It’s the ideal solution if:
you want to take care of other by leaving a legacy
you want to be protected even after your health changes
Coverage features:
level rates and coverage for life
ability to have shorter term payment options
Participating life insurance
Permanent insurance that ensures the growth of your estate
Protects your family or business and can grow in both cash value and death benefit.
It’s the ideal solution if:
you want to leave a larger estate while having access to capital during your lifetime
you want to offer your children or grandchildren a solid tool to build upon
you are a business owner looking for insurance coverage that grows over time
Coverage features:
growth potential in both cash value and death benefit
level cost for a set number of years or life
Universal life insurance
Combines permanent insurance and savings
Offers lifetime coverage and the opportunity to save in a tax-sheltered environment.
It’s the ideal solution if:
you want to leave a significant inheritance
you have maximized other sheltering tools, like your RRSP and TFSA
you want to protect the value of your company
Coverage features:
more control and flexibility than participating life
ability to build a diversified portfolio that can be accessed during your lifetime or passed to a beneficiary